About BelAir Networks
BelAir Networks is a Telecommunications company based in Ottawa (Canada) founded in 2002, and was acquired by Ericsson in January 2012. Mobile wireless broadband mesh network solutions. BelAir Networks has raised $68.4 million across 6 funding rounds from investors including Ericsson, J P Morgan and BDC. Its focus areas include Telecom, Telecom Infrastructure Tech, Transport Network and Equipment.
Company details
BelAir Networks was founded in 2002 in Ottawa, Canada, within the telecommunications sector. Wireless broadband mesh network solutions are offered, including the BelAir100SN access point, GigXone small cell system for urban coverage, and BelAir100SP Strand Picocell base station using licensed and unlicensed spectrum. Mesh networks are deployed for public safety, municipal systems, ports, mass transit, hotels, defense, education campuses, multiple dwelling units, and transportation corridors.
- Headquarters Ottawa, Canada
- Stage Acquired
- SectorsTelecommunications
- Website belairnetworks.com
- Social LinkedIn X
- Acquired by Ericsson (Jan 2012)
Funding Insights of BelAir Networks
BelAir Networks has successfully raised a total of $68.4M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $12 million completed in December 2007. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $68.4M
- Total Rounds 6
- Last Round Series D — $12M
- First Round $15M
(Dec 2003)
- Investors Count 13
All 6 funding rounds of BelAir Networks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2007 | $5M | Debt – Venture | – | – | |
| Dec 2007 | $12M | Series D | – | – | |
| Oct 2006 | $21.4M | Series D | – | – | |
| Oct 2005 | $20M | Series C | – | – | |
| Mar 2004 | Series B | – | – | ||
| Dec 2003 | $15M | Series B | – | – |
14 investors in total: 13 institutional and 1 angel.
Investors in BelAir Networks
BelAir Networks has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Ericsson, J P Morgan and BDC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech-focused Venture debt provider investing primarily in the US and Canada | 2000 | wellingtonfund.com | Toronto, Canada | |
Early-stage investments in Canadian companies are made by Ventures West. | ventureswest.com | Vancouver, Canada | ||
Early-stage venture capital is invested in US technology sectors. | trilogyequity.com | Bellevue, United States | ||
Private equity buyouts are targeted by the investment firm. | vgpartners.com | Toronto, Canada | ||
Early & later stage venture capital firm investing in the US | panoramacapital.com | Campbell, United States | ||
Tech & Life-Sciences focused Growth stage Venture Debt Firm investing in North America | mmvf.com | Toronto, Canada | ||
Venture capital investments are provided by McLean Watson. | 1992 | mcleanwatson.com | Toronto, Canada | |
Comcast Ventures is focused on investing in technology startups. | comcastventures.com | San Francisco, United States | ||
Venture capital firm focused on multiple sectors | t.capital | Hamburg, Germany | ||
SME loans are provided to support business exports. | 1944 | edc.ca | Ottawa, Canada |
Investor details for BelAir Networks
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Timeline of BelAir Networks
4 dated milestones of BelAir Networks across 10 years, from founding to its latest funding, stage changes and deals.
- Founded BelAir Networks is founded.
- Funding First funding round of $15.0M.
- Funding Latest funding round, Series D, of $12.0M.
- Exit Acquired by Ericsson.
Web traffic of BelAir Networks
Websites that share an audience with BelAir Networks (belairnetworks.com).
Websites whose visitors overlap most with BelAir Networks. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
iosi.ca | iosi.ca | 100% | – | ||
division3communications.com | division3communications.com | 100% | – | ||
| marchnetworks.com | 100% | 30.4K | #854,140 | View details | |
neolore.com | neolore.com | 100% | #3,954,274 | – | |
precidia.com | precidia.com | 100% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for BelAir Networks
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Frequently Asked Questions about BelAir Networks
BelAir Networks was founded in 2002 and raised its 1st funding round 1 year after it was founded.
BelAir Networks is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
BelAir Networks is a funded company, having raised a total of $68.4M across 6 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on Dec 2003.
BelAir Networks was founded in 2002 in Ottawa, Canada, within the telecommunications sector. Wireless broadband mesh network solutions are offered, including the BelAir100SN access point, GigXone small cell system for urban coverage, and BelAir100SP Strand Picocell base station using licensed and unlicensed spectrum. Mesh networks are deployed for public safety, municipal systems, ports, mass transit, hotels, defense, education campuses, multiple dwelling units, and transportation corridors.
BelAir Networks has 14 investors. Key investors include Ericsson, J P Morgan, BDC, Export Development Canada, and Wellington Financial.
Yes. BelAir Networks was acquired by Ericsson in January 2012.